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tax rates by 20%. this could add up to $5 trillion, a big cut. but it doesn't take into account eliminating deductions and closing loopholes it would reduce tax cuts on the wealthy, but the problem is romney hasn't been specific about which reductions and how many? false on the claim. eliminating any tax cut would make it less than 5 trillion, even if it's which deductions and which loopholes. you mitt romney likes to talk about the middle class squeeze. wages down and all kinds of prices are up. >> do you realize over the last four years, every year you have seen the median income in america come down. income is down some 4,300 a family. the middle class squeeze has been unbearable. gasoline prices way up. food prices up, electricity prices up. health insurance costs up. >> the facts in this, easy to fin. median income down over the last four years, but only about 2,500 since president obama took office and prices for all those items are up, though, food and electricity barely, so the verdict is true,
tax rates by 20%. this could add up to $5 trillion, a big cut. but it doesn't take into account eliminating deductions and closing loopholes it would reduce tax cuts on the wealthy, but the problem is romney hasn't been specific about which reductions and how many? false on the claim. eliminating any tax cut would make it less than 5 trillion, even if it's which deductions and which loopholes. you mitt romney likes to talk about the middle class squeeze. wages down and all kinds of prices are...
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. >> when it comes to our tax code, governor romney and i both agree our corporate tax rate is too high, so i want to lower it, particularly for manufacturing, taking it down to 25%, but i also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas, i want to provide tax breaks for companies that are investing here in the united states. >> you said you get a deduction for taking a plant overseas? i've been in business for 25 years, i have no idea what you're talking about. >> so i don't either. because i actually don't know the tax code that well. are there actually incentives currently, hal, that encourage people to take their jobs out of the united states? >> well, both the president and mitt romney are both right the way they answered the question. the reality is we don't have a specific incentive to take jobs out of the u.s. but what happens is if you can move your taxable income to another jurisdiction that has a low tax rate, like china, you can pay less taxes in total as long as you don't repatriate the money back to the u.s. the pr
. >> when it comes to our tax code, governor romney and i both agree our corporate tax rate is too high, so i want to lower it, particularly for manufacturing, taking it down to 25%, but i also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas, i want to provide tax breaks for companies that are investing here in the united states. >> you said you get a deduction for taking a plant overseas? i've been in business for 25 years, i...
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by the way, when you take that together with state income tax and real estate tax and gasoline tax and -- that means that small businesses that are highly acceptable will give half of what they've got to the government. that's going to kill jobs. i don't want to kill jobs. my priority is creating jobs. i'll hp small business do that with everything i can do. now, we can do better. we don't have to stay on the path we've been on. we can do better. there was a report that just came out this morning on job creation this last month. there were fewer new jobs created this month than last month, and the unemployment rate, as you know, this year has come down very slowly, but it's come down, nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. if you just drop out of the work force, if you just give up and say, look, i can't go back to work, i'm just going to stay home, if you just drop out altogether, why, you're no longer part of the employment statistics, so it looks like unemployment is getting better,
by the way, when you take that together with state income tax and real estate tax and gasoline tax and -- that means that small businesses that are highly acceptable will give half of what they've got to the government. that's going to kill jobs. i don't want to kill jobs. my priority is creating jobs. i'll hp small business do that with everything i can do. now, we can do better. we don't have to stay on the path we've been on. we can do better. there was a report that just came out this...
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he locked himself into some bad positions that he took during the republican primary, tax breaks for companies that ship jobs overseas, refusing to ask the wealthiest for a dime to reduce the deficit and those give us big openings to talk about on the campaign trail in key states in the weeks ahead. >> vice president biden, meantime, said his boss did a good job during a bright line between his policies and mitt romney's. >> i think the president did a wonderful job in making it clear just how stark that choice is. >> keeping them honest, that is precisely where the pundits, even those who support president obama, say he dropped the ball and when we asked our viewers whether mr. obama did better or worse than expected, 61%, nearly two in three, said he did worse. as for why the president himself supplied an answer today. twice today out on the stump using nearly identical wording each time. listen. >> when i got out on the stage, i met this very spirited fellow who claimed to be mitt romney. but i know it couldn't have been mitt romney. because the real mitt romney's been running aro
he locked himself into some bad positions that he took during the republican primary, tax breaks for companies that ship jobs overseas, refusing to ask the wealthiest for a dime to reduce the deficit and those give us big openings to talk about on the campaign trail in key states in the weeks ahead. >> vice president biden, meantime, said his boss did a good job during a bright line between his policies and mitt romney's. >> i think the president did a wonderful job in making it...
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let's talk about the tax cuts. he signalled over the last couple of days, details about how they would pay for it they didn't put out details, they backed away from it. they are not being honest with the american people. you know what's worse? he got testy about it, being on defense and i think that came across to the american people. >> the president seemed to get testy at one point when he was interrupted by jim lehrer. will the president do more debate prep before the next debate, prepare differently. do you think he didn't take this seriously enough? >> we feel good about the president's performance here tonight. he wasn't speaking to the people in the room, the pundit class, but people at home. i think what people heard tonight was a plan forward, a detailed plan on how we'll rebuild the economy and strengthen the middle class. another guy that got testy, interrupted the moderator. i wondered if we needed a moderator since we had mitt romney. and someone doubling down on the very same policies that crashed the
let's talk about the tax cuts. he signalled over the last couple of days, details about how they would pay for it they didn't put out details, they backed away from it. they are not being honest with the american people. you know what's worse? he got testy about it, being on defense and i think that came across to the american people. >> the president seemed to get testy at one point when he was interrupted by jim lehrer. will the president do more debate prep before the next debate,...
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federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles-simpson, by the way. lower the exemptions to create more jobs because there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> jim, you may want to move on to another topic, but i would just say this to the american people. if you believe that we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion, just to give you a sense over ten years, that's more than our entire defense budget, and you think
federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles-simpson, by the way....
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because he wants to keep open the tax loopholes that encourage jobs overseas. i want to make sure that we're providing tax breaks from companies right here in america. i want to help big factories and small businesses double their exports. i want more goods stamped with made in america. i want to create 1 million new manufacturing jobs in the next four years. >> obama care is point number one. it is the example number one where he wants to put bureaucrats between you and your doctor, he believes that the government should tell you what kind of insurance you have to have. he believes that government should have a board of people that tell you what kind of care you can receive. my view is we fight for freedom in this country, i do not want an intrusive massive larger debt spending government that crushes the american dream. >> they like to call it obama care, well, let me tell you, i do care. i care about all the young people who are able to stay on their parents' plans now. i care about the seniors who are seeing lower prescription drug costs. i care about folks
because he wants to keep open the tax loopholes that encourage jobs overseas. i want to make sure that we're providing tax breaks from companies right here in america. i want to help big factories and small businesses double their exports. i want more goods stamped with made in america. i want to create 1 million new manufacturing jobs in the next four years. >> obama care is point number one. it is the example number one where he wants to put bureaucrats between you and your doctor, he...
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you don't want your taxes to go to something that you don't agree with, is that your premise? >> no, i want them to go -- >> no, no, no, no, no, no. >> i want them to go to people who need help. >> if you missed it last night, you can watch it on time at the rumble2012.com. >>> israel shoot downs an unmanned drone and enters its airspace. now the country is considering taking other action. >>> and veterans returning home from war, facing another fight, this one over benefits. i'll bring you my exclusive report. ♪ leaving my homeland ♪ playing a lone hand ♪ my life begins today ♪ ♪ fly by night away from here ♪ ♪ change my life again ♪ ♪ fly by night, goodbye my dear ♪ ♪ my ship isn't coming ♪ and i just can't pretend oww! ♪ [ male announcer ] careful, you're no longer invisible in a midsize sedan. the volkswagen passat. the 2012 motor trend car of the year. that's the power of german engineering. [ slap! slap! slap! ] [ music, laughter stop ] [ male announcer ] when your favorite foods fight you, fight back fast with tums smoothies. so fast and smooth
you don't want your taxes to go to something that you don't agree with, is that your premise? >> no, i want them to go -- >> no, no, no, no, no, no. >> i want them to go to people who need help. >> if you missed it last night, you can watch it on time at the rumble2012.com. >>> israel shoot downs an unmanned drone and enters its airspace. now the country is considering taking other action. >>> and veterans returning home from war, facing another fight,...
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you're still raising taxes on the middle class. even his own economists that he relies on says you can't cut taxes by $5 trillion out paying for it by cutting deductions for people making $200,000 and less. that's just a fact. you can't do it. even if you close every single deduction for people making over $200,000, or $250,000 for families, you're still a trillion short. so he has to tell us how he will do this without increasing taxes on the middle class. so far the math does not add up. >> vice president biden said they have been buried. and they are jumping all over this, listen here to senator marco rubio. >> those are not my words. those happen to be the words of the distinguished vice president of the united states, mr. joe biden. don't boo, he is the best thing we have going, guys. don't boo. because in a moment of clarity, in a brief moment of clarity, he said what we knew. >> gaffe or no gaffe, and you will tell me it's not, isn't it still a problem for the president? >> no. you know, i heard senator rubio, and i heard th
you're still raising taxes on the middle class. even his own economists that he relies on says you can't cut taxes by $5 trillion out paying for it by cutting deductions for people making $200,000 and less. that's just a fact. you can't do it. even if you close every single deduction for people making over $200,000, or $250,000 for families, you're still a trillion short. so he has to tell us how he will do this without increasing taxes on the middle class. so far the math does not add up....
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we need tax revenue, we need to see additional tax revenues generated. we don't need to see that much general rayed. that would be counter-produce. >> what if they let the taxes lapse for the wealthiest americans which is what president obama wanted those families making more than $250,000 a year, individuals making more than $200,000 a year, what would the impact of that be? >> well, you know, that would hurt but that is something that the economy could digest because the -- total hit would be much smaller. of course, you are hitting higher income households who have other saving, other financial resources. they wouldn't pull back on their spending to the same degree. association you know, all else being equal it would be -- a negative to the economy in the very near term but it is something the economy could digest and -- ultimately longer run we need to address our fiscal situation. that is, we need government spending cuts and we need additional tax revenue. both of those things to address our fiscal problems. one way or the other we are going to nee
we need tax revenue, we need to see additional tax revenues generated. we don't need to see that much general rayed. that would be counter-produce. >> what if they let the taxes lapse for the wealthiest americans which is what president obama wanted those families making more than $250,000 a year, individuals making more than $200,000 a year, what would the impact of that be? >> well, you know, that would hurt but that is something that the economy could digest because the -- total...
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to save and invest tax free. this is one of the big differences between these two candidates. mitt romney has a pro growth tax reform plan and create jobs and get the economy moving. you heard the president has no plans whatsoever. >> but the democrats keep pointing out you're being very vague and you're not being very specific in the so-called offsets. how do you pay for $5 trillion in tax cuts without raising the deficit? >> well, you know what, wolf, i'm reminded of what happened in 1986, the last time the congress and the president reagan at the time undertook major tax reform. the president didn't come forward with a plan, take it or leave it plan that he presented to the congress. instead, he articulated some broad principles that would guide him in his negotiations with congressional leaders and those led to major tax reform. that created a major economic expansion in this country. those are the same principles that governor romney would follow, if he's elected as president. >> so, he's not going to spell
to save and invest tax free. this is one of the big differences between these two candidates. mitt romney has a pro growth tax reform plan and create jobs and get the economy moving. you heard the president has no plans whatsoever. >> but the democrats keep pointing out you're being very vague and you're not being very specific in the so-called offsets. how do you pay for $5 trillion in tax cuts without raising the deficit? >> well, you know what, wolf, i'm reminded of what happened...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. >>> joining us, the democratic strategist hilary rosen and republican strategist john feri. seeing a softer side of mitt romney, telling personal stories we haven't heard him do in the past. let me play a little clip. >> so i put my hand on his shoulder and i reached over and i said, billy,
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the...
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how in lord's name can they justify raising their taxes with these tax cuts? >> a tweet from mitt romney says this, agreed with @joe biden, the middle class has been buried last four years which is why we need a change in november. let's bring in chief political analyst gloria borger. channel in vice president joe biden right now. what was he trying to say obviously didn't come across as he clearly would like. >> well, what he was clearly trying to say and the obama campaign was quick to point this out is that what he was trying to say is that the middle class was buried urntd george w. bush and that's what started the problems for the middle class and that the obama administration has started to pull it out by its boot straps. and so the obama campaign just in case we didn't get that has a statement that says that the romney campaign is taking this entirely out of context. it's obviously in looking at the full transcript that joe biden was talking about the fact that the middle class was buried under failed bush policies. and of course they say romney/ryan wo
how in lord's name can they justify raising their taxes with these tax cuts? >> a tweet from mitt romney says this, agreed with @joe biden, the middle class has been buried last four years which is why we need a change in november. let's bring in chief political analyst gloria borger. channel in vice president joe biden right now. what was he trying to say obviously didn't come across as he clearly would like. >> well, what he was clearly trying to say and the obama campaign was...
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the tax base works. and you can -- >> but i have to -- >> no. >> but you haven't given me the math. i don't have the -- it would take me too long to go through all the math. >> too long to go through the math, he says. but ryan did go on to hint, didn't promise, but he hinted that a romney administration would look at tax loopholes enjoyed by the wealthy. here's that. >> when you close a tax write-off or tax shelter for a higher income person, more of their income is subject to taxation so you can lower tax rates. that's where we begin. where we go is by denying those deductions and loopholes to higher income people, which allows us to lower tax rates for everybody across the board and still afford important preferences for the middle class taxpayers. >> there you have paul ryan on taxes. we expect some of the comments to pop up come wednesday night during the debate in denver, the very first presidential debate here of this election season. and i want to go to chief white house correspondent jessica yel
the tax base works. and you can -- >> but i have to -- >> no. >> but you haven't given me the math. i don't have the -- it would take me too long to go through all the math. >> too long to go through the math, he says. but ryan did go on to hint, didn't promise, but he hinted that a romney administration would look at tax loopholes enjoyed by the wealthy. here's that. >> when you close a tax write-off or tax shelter for a higher income person, more of their income...
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lower taxes, less regulation, balance the budget. these are things that make a difference. the other thing that romney will do that the president is not doing and simply, frankly, is incapable of doing, i served with him for two years in the u.s. senate. nice guy. talented. horribly partisan. what mitt romney will do as president is the same thing that ronald reagan did and, frankly, bill clinton did. hold your principles. be tough. in the end you know you have to negotiate, and that's the only way this country can move forward. that is what president romney will do, and that's the president that people saw potential president that people saw in the next president they saw debating the other night. >> governor strickland, the last few seconds to you. new polls in ohio, is it going to be a closer race than it has been when we see the results come out? >> of course, ohio cannot be taken for granted, candy, by any candidate or either political party. it will be a very close race. i believe because of the president's saving of the american auto industry, which, in fact is relat
lower taxes, less regulation, balance the budget. these are things that make a difference. the other thing that romney will do that the president is not doing and simply, frankly, is incapable of doing, i served with him for two years in the u.s. senate. nice guy. talented. horribly partisan. what mitt romney will do as president is the same thing that ronald reagan did and, frankly, bill clinton did. hold your principles. be tough. in the end you know you have to negotiate, and that's the only...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin u
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> less than a month away now before election day. and how can we forget political ads, they remind us each and every hour on the hour what is happening now. with barack obama and mitt romney had to spend hundreds of millions of dollars to define themselves for us while, of course, vilifying the other. that's why when i draw your attention to this documentary, that airs tomorrow night, on pbs, it is from the folks who bring us front line. here is just a preview. >> i got my start as a community organizer. >> i know how the private sector works. i know how jobs come. i know how they go. >> for years, these two men have been telling us their stories. >> he keeps a lot of his views to himself. >> he knows that every step he takes is a potential land mine. >> people havereat respect for obama and will still say
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> less than a month away now before election day. and how can we forget political ads, they remind us each and every hour on the hour what is happening now. with barack obama and mitt romney had to spend...
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a major key issue including taxes, medicare and the biggie, jobs. with live team coverage of the debate and how it's being received we begin with steve handelsman in denver. >> reporter: jessica, thanks. here in denver tonight, mitt romney knew he had to bring his a-game. most of those who watched figured that's what he did. the pressure was on mitt romney who needed a turnaround tonight. president obama came into the debate ahead in every battleground state. with an estimated 60 million americans watching on tv, cable and the web, moderator tjim hehrer asked, can you put more people to work. >> he would cut regulations and taxes on small businesses. >> my priority is jobs. so what i do is i bring down the tax rates. >> governor romney's proposal that he has been promoting for 18 months calls for a $5 trillion tax cut. >> reporter: which the president claimed would help the rich at others 'expense. >> the average mittedle class family would pay about $2,000 more. >> everything he just said about my tax plan is inaccurate. >> it's not possible to com
a major key issue including taxes, medicare and the biggie, jobs. with live team coverage of the debate and how it's being received we begin with steve handelsman in denver. >> reporter: jessica, thanks. here in denver tonight, mitt romney knew he had to bring his a-game. most of those who watched figured that's what he did. the pressure was on mitt romney who needed a turnaround tonight. president obama came into the debate ahead in every battleground state. with an estimated 60 million...
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yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. >>> welcome back at 4:30. i'm jim handly. >> i'm pat lawson muse. >> jerry sandusky will spend between 30 and 60 years in prison. a judge issued that sentence today. it mean he will likely be behind bars for the rest of his life. earlier this year, sandusky was convicted on 45 counts of child sex abuse. sandusky maintained today his innocence and he does plan to appeal. >>> two polls are giving mitt romney a big healthy jump from his strong debate performance last week. the polls, done by gallup and the pew research center put him ahead among likely voters in the nation. however, gallup says some of romney's advantage is already dissipating. both candidates are in ohio today. >>> amtrak trains running normally between d.c. and delaware. train service was disrupted all morning because of a power outage near aberdeen, maryland. at union station, people headed north wer
yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. >>> welcome back at 4:30. i'm jim handly. >> i'm pat lawson muse. >> jerry sandusky will spend between 30 and 60 years in prison. a judge issued that sentence today. it mean he will likely be behind bars for the rest of his life. earlier this year,...
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a study by the tax policy center finds the average tax bill will go up by 20% in 2013 if lawmakers allow a lift of cuts to expire at the end of the year. economists warn the tax cuts combined with automatic spending cuts could throw the fragile u.s. economy back into a recession. >>> next month maryland voters will decide whether or not hundreds of students can afford to go to college. critics claim the dream act rewards illegal immigrants by giving them in state tuition rates. >> but supporters say it's only fair to give some people a path to fulfill their dreeps. >> this is a chance -- dreams. >> this is a chance for me to go to the university of maryland. >> reporter: he is a dreamer. >> to become a doctor and give back to society. probably i could be saving your life in the future. >> reporter: his parents brought him to the u.s. at 12. he graduated from kennedy high school, earned straight as at montgomery college, was diagnosed with bone cancer at 18. >> i want to save lives. my life was saved once. >> reporter: he says he could scrape together enough money to afford in state tuiti
a study by the tax policy center finds the average tax bill will go up by 20% in 2013 if lawmakers allow a lift of cuts to expire at the end of the year. economists warn the tax cuts combined with automatic spending cuts could throw the fragile u.s. economy back into a recession. >>> next month maryland voters will decide whether or not hundreds of students can afford to go to college. critics claim the dream act rewards illegal immigrants by giving them in state tuition rates....
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seeing $5,000 in tax cuts. and they said that he didn't know anything about that. >> and the president slammed romney for saying that he would cut funding. >> we didn't know that big bird was driving the federal deficit. >> president obama and mitt romney will meet again in less than two weeks for a town hall- style debate. >> next up on the debate stage, paul ryan and joe biden will go head to head on october 11 in kentucky. derek? >> all right, looking forward to that one as well, thank you, top. >>> joining us now to fast check some of the points made by both candidates, u.s.a. today politics editor, thank you so much for coming in. >> my pleasure. >> i'm glad that you're wide awake. a long night last night. now, you said it was pretty hard to fast check. how come? >> well, it was full of statements that are more or less true or more or less untrue depending on where you will sit at the moment. >> i see. so in other words you needed to show the new one to figure out who was telling the truth, making it a hot
seeing $5,000 in tax cuts. and they said that he didn't know anything about that. >> and the president slammed romney for saying that he would cut funding. >> we didn't know that big bird was driving the federal deficit. >> president obama and mitt romney will meet again in less than two weeks for a town hall- style debate. >> next up on the debate stage, paul ryan and joe biden will go head to head on october 11 in kentucky. derek? >> all right, looking forward to...
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an event on the horizon could cost you an extra $3500 in taxes next year. i'll tell you all about it at 6:07. you're watching 9news now. krystal conwell : we see a lot of problems with the... number of students that we have. resources. materials. things that the children need... on a day-to-day basis. anncr: question seven will help. the department of legislative services says question seven... will mean hundreds of millions of dollars... for schools...from gaming revenues that would have... gone to other states. and independent audits will guarantee the money... goes where it's supposed to. krystal conwell: i think people should vote for question... seven because i think it will be a great benefit to children. >>> welcome back. we're still recovering from henry winkler being here this morning. he's just terrific. in today's hero central report. it has little to do with campaign 2012. that's because the group helping more people becoming eligible to vote. >> 3,000 people become americans every day. jc hayward introduces us to a local organization that helps
an event on the horizon could cost you an extra $3500 in taxes next year. i'll tell you all about it at 6:07. you're watching 9news now. krystal conwell : we see a lot of problems with the... number of students that we have. resources. materials. things that the children need... on a day-to-day basis. anncr: question seven will help. the department of legislative services says question seven... will mean hundreds of millions of dollars... for schools...from gaming revenues that would have......
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Oct 2, 2012
10/12
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the tax system should be chaiked to raise taxes on the top brackets. two-thirds of americans agree in almost every poll to those numbers so there is sentiment to change things. but there's not anger in any kind of rebellious sense of word. in fact there's not even the same kind of anger that promptedded the middle class to protest back in the '60s and '70s. >> suarez: there are tons of books covering this era that take a cut of it just as a political story or just as an economic story or even as a cultural story. the story you're trying to tell here needs to be all those things. i think you're saying you have to look at it all in an interlocking way to understand it. >> absolutely. such a good point you're making here. what we forgot was that middle class prosperity, economics, depended on middle class power. politics. and today this gross inequality that you see in income is accompanied by a starkly unequal democracy. symbolized by the super pacs, symbolized by the fact that business, lobbyists... business spends 65 times as much money on lobbyists as
the tax system should be chaiked to raise taxes on the top brackets. two-thirds of americans agree in almost every poll to those numbers so there is sentiment to change things. but there's not anger in any kind of rebellious sense of word. in fact there's not even the same kind of anger that promptedded the middle class to protest back in the '60s and '70s. >> suarez: there are tons of books covering this era that take a cut of it just as a political story or just as an economic story or...
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Oct 7, 2012
10/12
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romney does want to cut tax rates. that would reduce revenue by nearly $5 trillion over 10 years. he says he would offset that loss by eliminating loopholes and deductions but he has refused to say which ones leaving him open to attack by team obama. >> mitt romney's solution is he just decided there wasn't math involved in this problem. and that's absolutely crazy. >> reporter: while the president continues that fund-raising swing, mitt romney will deliberate blistering foreign policy speeches attacking the president on middle eastern policy. that is tomorrow. david? >> david kerley traveling with the romney campaign this weekend, david, thank you. >>> i want to bring in our senior washington editor rick klein tonight. let's gallup poll we showed. a tighter race already. a rolling average as we know and still reflects voters asked before the debate and still could be on the move and all eyes on the crucial battleground straights. in colorado where the debate was held, university of denver poll showing the president holding on to his lead in colorado and, rick, why are both campai
romney does want to cut tax rates. that would reduce revenue by nearly $5 trillion over 10 years. he says he would offset that loss by eliminating loopholes and deductions but he has refused to say which ones leaving him open to attack by team obama. >> mitt romney's solution is he just decided there wasn't math involved in this problem. and that's absolutely crazy. >> reporter: while the president continues that fund-raising swing, mitt romney will deliberate blistering foreign...
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Oct 4, 2012
10/12
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>> mitt romney does have tax cuts in his plan. the issue is it really a $5 trillion tax cut? because what he says, if it will -- it will make more revenue because it creates more jobs. those people then start paying taxes. so it doesn't actually cut revenues to the government. but there are cuts in the tax rate that individuals pay. i'm not sure how to count whether that is or is not a tax cut. >> bottom line, $5 trillion not $5 trillion or there is no bottom line? >> the romney-ryan plan has never specified exactly what the loopholes they will close or how the math adds up, but they say it is not a $5 trillion tax cut because it has these other residual benefits. >> our coverage at wusa9.com continues. get more fact checks from "u.s.a. today" right there and see how a university of maryland professor helped in gauging the instant reaction. hear more from the candidates themselves. all that and more right now on the front page of wusa9.com. and of course we will have coverage the vice presidential candidates coming up with their debate which is one week from tonight. >>> ever
>> mitt romney does have tax cuts in his plan. the issue is it really a $5 trillion tax cut? because what he says, if it will -- it will make more revenue because it creates more jobs. those people then start paying taxes. so it doesn't actually cut revenues to the government. but there are cuts in the tax rate that individuals pay. i'm not sure how to count whether that is or is not a tax cut. >> bottom line, $5 trillion not $5 trillion or there is no bottom line? >> the...
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Oct 7, 2012
10/12
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between linda mcmahon, republican, and representative chris murphy, democrat. ú >> i will not raise taxes on middle income families. >> now he says five weeks before the election, his big, bold idea, is never mind. >> it's arithmetic. >> sunday watch the entire debate at noon eastern time, here on c-span. >> now a discussion of the changing international order and the president's role in leading foreign policy. this is about an hour and a half. >> i am david rothkopf. we have a terrific panel here. >> we are g going -- we are going to open with a quote, and then i will ask them a couple questions about related issues. following that, at the end of each one of these sort of 20 or 25-minute sks, i'm going to look to you for questions, so we can keep this as interactive as possible and have you as engaged in the discussion as possible. at the end, there will even be a little more time so that if we haven't covered something in the context, then you will be able to introduce that into the discussion, and we will wrap up here promptly at 8:00 tonight. when we do get to the questions and answer
between linda mcmahon, republican, and representative chris murphy, democrat. ú >> i will not raise taxes on middle income families. >> now he says five weeks before the election, his big, bold idea, is never mind. >> it's arithmetic. >> sunday watch the entire debate at noon eastern time, here on c-span. >> now a discussion of the changing international order and the president's role in leading foreign policy. this is about an hour and a half. >> i am...
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Oct 5, 2012
10/12
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governor romney proposes a 20% across-the-board income tax cut, and to abolish the estate taxes. >> reporter: governor romney still hasn't described in detail how he's going to accomplish his revenue-neutral plans without raising taxes on the middle class, without increasing the deficit. now to president obama's claim that he'd only raise taxes on upper income people to where they were under president clinton. >> i have said that for incomes over $250,000 a year, that we should go back to the rates that we had when bill clinton was president, when we created 23 million new jobs. >> what president obama is leaving out there is that there are new taxes in the health care law, specifically that would target high-income earners. in fact, they would be paying a higher rate than they did under president clinton. >> reporter: finally, governor romney on the deficit under the obama administration -- >> the president said he'd cut the deficit in half. unfortunately, he doubled it. trillion-dollar deficits for the last four years. >> when romney accuses the president of doubling a deficit, he's stretc
governor romney proposes a 20% across-the-board income tax cut, and to abolish the estate taxes. >> reporter: governor romney still hasn't described in detail how he's going to accomplish his revenue-neutral plans without raising taxes on the middle class, without increasing the deficit. now to president obama's claim that he'd only raise taxes on upper income people to where they were under president clinton. >> i have said that for incomes over $250,000 a year, that we should go...
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. >> reporter: to taxes. >> why is it that if you take advantage of a tax break and you're a corporation you're a smart businessman. but if you take advantage of something that you need to not be hungry you're a moocher. >> reporter: and even foreign policy. >> it appears that the american foreign policy has been to go into the middle east and try to buy friends. does that ever work? >> yeah, we can buy friends. >> reporter: there were moments you'll likely never see in the presidential debate. >> you just begrudged -- >> you've been begrudging all night. >> no. >> this is nothing but begrudging. >> reporter: there's hair advice for bridging the bipartisan divide in congress. one major snafu of the night, some viewers had difficulties streaming the debate live. there was so much demand it overloaded the servers. >> this whole idea is insanity. >> reporter: prompting tweets like this. your site is more broken than america. the rumble 2012 will soon bel toed by the refund 2012. at a press conference after the debate, bill o'reilly responded and said if fib wants their 4$ 9 $4.95 back they'
. >> reporter: to taxes. >> why is it that if you take advantage of a tax break and you're a corporation you're a smart businessman. but if you take advantage of something that you need to not be hungry you're a moocher. >> reporter: and even foreign policy. >> it appears that the american foreign policy has been to go into the middle east and try to buy friends. does that ever work? >> yeah, we can buy friends. >> reporter: there were moments you'll likely...
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Oct 8, 2012
10/12
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> in times square, and what a happy crowd we have for columbus day. and what we have inside is something really special. ben affleck is inside. one of the busiest stars in hollywood. a brand-new movie called "argo." good morning, america. as you know, robin recovering from her bone marrow drans plant. great to have amy here. we learned so mu about you. >> oh, yeah. >> emeril and his daughter are whipping up delicious recipes that we can't wait to try. and we have a very special guest dangering over times square, rob lowe will be here tomorrow. looking forward to seeing him tomorrow. >>> you know, it's freezing out here. >> well, look, everybody -- >> yea! >> let's get to the boards. we've got one or two things going on, one or two that we thought we'd share with you. let's start with please pictures. a
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> in times square, and what a happy crowd we have for columbus day. and what we have inside is something really special. ben affleck is inside. one of the busiest stars in hollywood. a brand-new movie...
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Oct 9, 2012
10/12
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? 123-40-6789 she said she won and lost and now being sued. the mcdonald's employee who claim she won the lootery in maryland made coworkers mad. 14 are suing her for fraud. she was part of the office pool and believe she's hiding her jackpot winnings but the maryland lottery said guess what, she never won. the lottery officials say three school teachers won it. the mcdonald's employees claim wilson offered to pay the teachers a million bucks to claim the prize so she would not have to share it with them. >>> a horrible ending to what was supposed to have been a daring act. a man competed and won an insect-eating contest and died shortly after the competition ended. investigators say he was one of 30 people who competed last friday in deerfield beach, florida. he ate dozens of live cockroaches and worms and go
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? 123-40-6789 she said she won and lost and now being sued. the mcdonald's employee who claim she won the lootery in maryland made coworkers mad. 14 are suing her for fraud. she was part of the office pool and believe...
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Oct 2, 2012
10/12
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CSPAN2
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taxes. less regulation. more jobs, more success and more opportunity. i support cutting taxes for small business men and women to help them create and retain more jobs whereas my opponent supports raising taxes on small businesses which will mean fewer jobs. i support a moratorium on new red tape and regulation except for the safety and health of the public until the unemployment levels come down. my opponent has said that he supports more regulation that will end up meaning less growth and less jobs. i oppose a obamacare and want to repeal it and replace it with patient centered health care reform. my opponent supports a obamacare and says it is working but even wants to expand on it. these are some of the differences that you will hear tonight. i think the chamber for having asked. i look forward to a robust debate on the issues facing the voters. [applause] i am a husband, father, soldier, small businessmen and lawyers. i am mostly brought to be an american in virginia. you're going to he
taxes. less regulation. more jobs, more success and more opportunity. i support cutting taxes for small business men and women to help them create and retain more jobs whereas my opponent supports raising taxes on small businesses which will mean fewer jobs. i support a moratorium on new red tape and regulation except for the safety and health of the public until the unemployment levels come down. my opponent has said that he supports more regulation that will end up meaning less growth and...
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Oct 6, 2012
10/12
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vo: why won't romney lev with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increasthe deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> i was wondering what dogs song we were going to pick for this story. loyalty is one of the reasons we love dogs. what this dog, whose named zander, tried to do was truly extraordinary. when zander's owner went to the hospital, he tracked him down. i was playing with zander. turns out, white shedding dogs and black suits, don't go so well. >> everybody in the studio is falling in love with zander this morning. good morning, america. i'm bianna golodryga, along with dan harris on this saturday, october 6th. >>> also this morning, the iconic game show, "the price is right," is doing something it's never done before. the show has been a favorite for decades. known as much for the models as the amazing prizes. you may be amazed seeing the newest face. >> i loved being sick on sick days watching "the price i
vo: why won't romney lev with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increasthe deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> i was wondering what dogs song we were going to pick for this story. loyalty is one of the reasons we love dogs. what this dog, whose named zander, tried to do was truly extraordinary. when zander's owner...
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Oct 2, 2012
10/12
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tax. i think that's really the answer to jobs, because in a zero corporate tax rate environment if the private sector doesn't create tens of millions of jobs, i don't know what it's going to take to create tens of millions of jobs. it's the answer when it comes to exports bleeding out all existing federal tax out of all goods and services. it's the answer to china. i see manufacturing jobs flocking back to the united states given a zero corporate tax rate environment. are you hearing these things from these other two guys? no, not even remotely close. they're arguing over who's going to spend more money on medicare. romney says he wants to balance the federal budget, but that he wants to increase spending for the military. well, it doesn't add up. and if we want to believe in the things that these guys are saying, then i guess we belief in the easter bunny and santa claus and by extension the tooth fairy and, steve, i don't think thai coming. >> host: gary johnson is with us, and want to r
tax. i think that's really the answer to jobs, because in a zero corporate tax rate environment if the private sector doesn't create tens of millions of jobs, i don't know what it's going to take to create tens of millions of jobs. it's the answer when it comes to exports bleeding out all existing federal tax out of all goods and services. it's the answer to china. i see manufacturing jobs flocking back to the united states given a zero corporate tax rate environment. are you hearing these...